UNDERTAKING ENERGY-EFFICIENT UPGRADESThe share of homeowners citing improving energy efficiency as highly important when completing home improvements has risen sharply since 2020 (46%, compared with 35% in 2020). Upgrades to windows, insulation and ventilation systems have also increased steadily since 2020 (30%, 22% and 11%, compared with 26%, 17% and 9%, respectively). Although purchases of solar power systems are relatively low (6%) there has been a rise in interest, increasing 4 percentage points since 2020 (2%).
AGING HOMES CALL FOR SYSTEMS UPGRADESWith almost half of the surveyed homeowners living in homes built in 1940 or earlier (47%), homeowners are focusing on home system improvements. More than a third of homeowners upgraded heating systems in 2022, closely followed by electrical and plumbing (38%, 37% and 36%, respectively).
KITCHEN AND BATHROOMS REMAIN A PRIORITYInterior spaces are the most popular areas to renovate (78%), followed by improvements to outdoor areas and adding extensions (51% and 20%, respectively). Kitchen and bathroom projects remain a priority during renovations (37% and 33%, respectively) and command the highest median spend at £13,000 and £5,250, respectively.
PROFESSIONAL DEMAND CONTINUESHomeowner demand for professionals continues to grow (93%, compared with 88% in 2020). Among professionals hired, electricians, plumbers, carpet and flooring pros, and carpenters were the most common (60%, 48%, 42% and 37%, respectively). Design-related professionals, including kitchen designers, bathroom designers and interior designers, all saw an increase in demand during 2022 (25%, 18% and 7%, respectively, compared with 19%, 13% and 6%, respectively for 2021).
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The share of homeowners citing improving energy efficiency as highly important when completing home improvements has risen sharply since 2020 (46%, compared with 35% in 2020). Upgrades to windows, insulation and ventilation systems have also increased steadily since 2020 (30%, 22% and 11%, compared with 26%, 17% and 9%, respectively). Although purchases of solar power systems are relatively low (6%) there has been a rise in interest, increasing 4 percentage points since 2020 (2%).
AGING HOMES CALL FOR SYSTEMS UPGRADES
With almost half of the surveyed homeowners living in homes built in 1940 or earlier (47%), homeowners are focusing on home system improvements. More than a third of homeowners upgraded heating systems in 2022, closely followed by electrical and plumbing (38%, 37% and 36%, respectively).
KITCHEN AND BATHROOMS REMAIN A PRIORITY
Interior spaces are the most popular areas to renovate (78%), followed by improvements to outdoor areas and adding extensions (51% and 20%, respectively). Kitchen and bathroom projects remain a priority during renovations (37% and 33%, respectively) and command the highest median spend at £13,000 and £5,250, respectively.
PROFESSIONAL DEMAND CONTINUES
Homeowner demand for professionals continues to grow (93%, compared with 88% in 2020). Among professionals hired, electricians, plumbers, carpet and flooring pros, and carpenters were the most common (60%, 48%, 42% and 37%, respectively). Design-related professionals, including kitchen designers, bathroom designers and interior designers, all saw an increase in demand during 2022 (25%, 18% and 7%, respectively, compared with 19%, 13% and 6%, respectively for 2021).
Download the Full Report
See the Press Release